Daily News

Medical Connections buys per diem staffing assets

May 29 2009

Medical Connections Holdings Inc. (OTCBB: MCTH.OB), a Boca Raton FL-based healthcare staffing firm, announced it closed an asset purchase agreement with Medical Staffing Direct, formerly a Florida-based provider of per diem nurses to clients in Florida and New York. The deal includes hospital contract and industry relationships, according to Medical Connections.

"This closing will bring us valuable business relationships," said Medical Connections President Anthony Nicolosi. "This transaction provides us with a future foothold in the New York market which is a tough market to break into."

Medical Staffing Direct had revenue of $6.0 million in its last year of business, according to Medical Connections.

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